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Allena  (Level: 266.4 - Posts: 1409)
Wed, 4th Feb '09 9:50 PM


It is great that we have the ability to view a lot of different opinions on the Island and get to understand what is really happening rather than what our individual press syncopaths wish us to know. Here is one from London:

February 4, 2009; London Times
President Obama to water down 'Buy American' plan after EU trade war threat
Obama seeks Russia deal to slash nuclear weapons 80 per cent
The European Union warned the US yesterday against plunging the world into depression by adopting a planned “Buy American” policy, intensifying fears of a trade war.
The EU threatened to retaliate if the US Congress went ahead with sweeping measures in its $800 billion (£554 billion) stimulus plan to restrict spending to American goods and services.
Gordon Brown was caught in the crossfire as John Bruton, the EU Ambassador to Washington, said that “history has shown us” where the closing of markets leads — a clear reference to the Depression of the 1930s, triggered by US protectionist laws.
• Not the end of globalisation
• Obama admits 'I screwed up' after two quit
• We should let the rich save the world
Last night Mr Obama gave a strong signal that he would remove the most provocative passages from the Bill.
“I agree that we can’t send a protectionist message,” he said in an interview with Fox TV. “I want to see what kind of language we can work on this issue. I think it would be a mistake, though, at a time when worldwide trade is declining, for us to start sending a message that somehow we’re just looking after ourselves and not concerned with world trade.”
Mr Brown does not want to join criticism of President Obama’s stimulus proposals, which he sees as vindicating his own, but the Prime Minister remains strongly anti-protectionist, resisting calls yesterday for more safeguards for British workers.

No one in the USA is going to see this, unless they look beyond the normal media!

Chickfbref1  (Level: 120.7 - Posts: 2011)
Wed, 4th Feb '09 11:18 PM

Isn't "Normal Media" an oxymoron?

Smootches Jim.


Kaufman  (Level: 267.9 - Posts: 3941)
Wed, 4th Feb '09 11:51 PM

I dunno. I'm guessing the student newspaper at Illinois State University would qualify ...

Sandracam  (Level: 149.3 - Posts: 4190)
Thu, 5th Feb '09 1:22 AM

The "London Times". Is that a fairly respected newspaper?

Collioure  (Level: 113.7 - Posts: 9952)
Thu, 5th Feb '09 4:22 AM

Hey, Obama is just trying to please his constituent groups.

Many against his own better judgment.

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